trending Market Intelligence /marketintelligence/en/news-insights/trending/VUTGA6uK2KCO6B_ZGbu32g2 content
Log in to other products

Login to Market Intelligence Platform

 /


Looking for more?

Contact Us

Request a Demo

You're one step closer to unlocking our suite of comprehensive and robust tools.

Fill out the form so we can connect you to the right person.

If your company has a current subscription with S&P Global Market Intelligence, you can register as a new user for access to the platform(s) covered by your license at Market Intelligence platform or S&P Capital IQ.

  • First Name*
  • Last Name*
  • Business Email *
  • Phone *
  • Company Name *
  • City *
  • We generated a verification code for you

  • Enter verification Code here*

* Required

Thank you for your interest in S&P Global Market Intelligence! We noticed you've identified yourself as a student. Through existing partnerships with academic institutions around the globe, it's likely you already have access to our resources. Please contact your professors, library, or administrative staff to receive your student login.

At this time we are unable to offer free trials or product demonstrations directly to students. If you discover that our solutions are not available to you, we encourage you to advocate at your university for a best-in-class learning experience that will help you long after you've completed your degree. We apologize for any inconvenience this may cause.

In This List

Duke Energy launches offering for 40 million depositary shares

Q2: U.S. Solar and Wind Power by the Numbers

Essential Energy Insights - September 17, 2020

Essential Energy Insights September 2020

Rate case activity slips, COVID-19 proceedings remain at the forefront in August


Duke Energy launches offering for 40 million depositary shares

Duke Energy Corp. on March 25 issued a prospectus for 40 million depositary shares, each of which represents a 0.001 interest in a share of 5.75% noncumulative series A preferred stock, totaling $1 billion.

The public offering price is $25.00 per depositary share. Duke will pay dividends on the series A preferred stock, if declared by its board, on the 16th of March, June, September and December of each year, starting June 16.

The company plans to use the proceeds for general corporate purposes.

Duke has the option to redeem the preferred shares before June 15, 2024, within 120 days after the conclusion of any review or appeal process, at $25.50 per depositary share or after June 15, 2024, at $25.00 per depositary share.

Morgan Stanley & Co. LLC, Merrill Lynch Pierce Fenner & Smith Inc., RBC Capital Markets LLC and Wells Fargo Securities LLC acted as joint book-running managers.

BNY Mellon Capital Markets LLC, TD Securities (USA) LLC, Academy Securities Inc., CastleOak Securities LP and C.L. King & Associates Inc. served as co-managers.